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Sept Emini/ Continues its Breakout Rally *PIC*

The Sept Emini broke out above its Inverse Head and Shoulder pattern at the 1327.75 level Friday and a Friday close is more important than any other day's close. Monday saw follow through with price bumping up against next important resistance being the 1345 price resistance. This was the April lows that broke down in May. Re-clearing 1345 was confirmation of more upside. Today more follow through to the upside with price clearing 1345 at least intraday. The RSI 21 is once again above the 50 line as well for a more bullish technical. And the CCI 20 is and has been well above the 0 line which is a more sensitive indicator. With two areas of support being 1345 and more importantly 1327.75 the uptrendline should be a good guide to follow regarding a continuation of the uptrend.

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Sept Emini/ Continues its Breakout Rally *PIC*
Re: Sept Emini/ Continues its Breakout Rally